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Morgan Stanley’s AI investment portfolio ‘double overweight’ after Q3

Investment bank’s noncompensation expense jumped 20% YoY to $5.7B

Quinn DonoghuebyQuinn Donoghue
October 14, 2026
in Banking
Reading Time: 3 mins read
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Morgan Stanley’s wealth management business swelled to a record high in the third quarter as AI-related investments remain a priority.   The financial services giant that was already “overweighted” toward AI investments before Q3 is “now double overweight,” Chief Executive Ted Pick said during today’s Q3 earnings call.   “There is just no question that […]

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Tags: artificial intelligence (AI)data centerearningsinvestment bankingMorgan StanleyNewsPremium
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